Bing Becomes a Distraction for Microsoft — Microsoft needs to concentrate on a different kind of search: finding a buyer for Bing, its online search business. Bing is the industry's distant No. 2 after Google. It has become a distraction for the software giant — one that costs shareholders dearly.

Google revises Google+ real name management policy — Over the weekend, Google annoyed numerous one-time Google+ users by blowing away their accounts because they'd broken Google's name restrictions. That went over well. As I asked at the time, “What was Google thinking!?”

Netflix Says Its Price Hike Will Clip Revenues For a Quarter — A quick first look at the Netflix Q2: Revenue of $788.6 million, earnings of $1.26 a share Wall Street was looking for $791.5 million and earnings of $1.11 per share. Analysts are unlikely to be happy with the company's guidance for the next quarter, though.

Facebook's Secret iPad App Exposed [Pictures] — So, we just exposed the awesome secret that Facebook's iPad app is actually already out there, hidden inside of the iPhone app. Now it's time to show it to you. — I've been playing with the app for much of the night, and it seems solid.

AT&T preps for early to mid-September iPhone 5 launch — BGR has exclusively learned that AT&T has begun communicating launch plans internally for Apple's next-generation iPhone 5 handset. We have been told that AT&T has begun informing employees across the company, and those who work in retail locations …

Timberlake to Gaga: Hollywood courts social media — (Reuters) - When you think of Bono or Lady Gaga, the term “Silicon Valley entrepreneur” hardly springs to mind. — For now, at least. The U2 frontman and pop sensation join Justin Timberlake and Ashton Kutcher among the growing ranks …

Boot to Gecko: Mozilla Plans a ChromeOS Rival for Mobile Devices — Mozilla today announced Boot to Gecko, a very ambitious project that aims to create a “complete, standalone operating system for the open web.” This project's goal is to develop what seems like a ChromeOS-like operating system where all the apps are based on HTML5.

Report: Web Applications Attacked Every 2 Minutes — Data security company Imperva released research today that says Web applications are probed or attacked 27 times an hour, or once every two minutes. At the peak of attacks, some Web applications see probes or attacks 25,000 times an hour, or seven times per second.

US-CERT Director Leaves Abruptly — Randy Vickers, head of the organization responsible for protecting the U.S. against cyber attacks, has resigned effective immediately. — The director of the agency that protects the federal government from cyber attacks has resigned abruptly in the wake …